Ackermans & Van Haaren NV

BATS-CHIXE:ACKBB Stock Report

Market Cap: €5.9b

Ackermans & Van Haaren Valuation

Is ACKBB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ACKBB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ACKBB (€186) is trading below our estimate of fair value (€226.44)

Significantly Below Fair Value: ACKBB is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ACKBB?

Key metric: As ACKBB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ACKBB. This is calculated by dividing ACKBB's market cap by their current earnings.
What is ACKBB's PE Ratio?
PE Ratio13.7x
Earnings€428.91m
Market Cap€5.87b

Price to Earnings Ratio vs Peers

How does ACKBB's PE Ratio compare to its peers?

The above table shows the PE ratio for ACKBB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.3x
BBY Balfour Beatty
9.8x0.1%UK£2.3b
MGNS Morgan Sindall Group
14.4x2.8%UK£1.8b
KLR Keller Group
8.4x2.4%UK£1.1b
RNWH Renew Holdings
16.8x7.2%UK£821.5m
ACKBB Ackermans & Van Haaren
13.7x9.3%€5.9b

Price-To-Earnings vs Peers: ACKBB is expensive based on its Price-To-Earnings Ratio (13.7x) compared to the peer average (12.3x).

Price to Earnings Ratio vs Industry

How does ACKBB's PE Ratio compare vs other companies in the European Construction Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies17PE0816243240+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ACKBB is expensive based on its Price-To-Earnings Ratio (13.7x) compared to the European Construction industry average (13.2x).

Price to Earnings Ratio vs Fair Ratio

What is ACKBB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ACKBB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ACKBB's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ACKBB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€207.67
0%
11.4%€236.00€170.00n/a6
Nov ’25n/a
€204.17
0%
10.1%€236.00€170.00n/a6
Oct ’25€191.20
€204.17
+6.8%
10.1%€236.00€170.00n/a6
Sep ’25n/a
€197.80
0%
8.2%€215.00€170.00n/a5
Aug ’25n/a
€182.80
0%
11.0%€204.00€150.00n/a5
Jul ’25n/a
€182.80
0%
11.0%€204.00€150.00n/a5
Jun ’25n/a
€177.50
0%
10.8%€200.00€150.00n/a4
May ’25n/a
€180.80
0%
10.2%€200.00€150.00n/a5
Apr ’25€160.80
€180.80
+12.4%
10.2%€200.00€150.00n/a5
Mar ’25n/a
€180.80
0%
10.2%€200.00€150.00n/a5
Feb ’25n/a
€181.20
0%
10.0%€200.00€150.00n/a5
Jan ’25n/a
€181.20
0%
10.0%€200.00€150.00n/a5
Dec ’24€149.50
€181.20
+21.2%
10.0%€200.00€150.00n/a5
Nov ’24€140.20
€181.20
+29.2%
10.0%€200.00€150.00n/a5
Oct ’24n/a
€181.20
0%
10.0%€200.00€150.00€191.205
Sep ’24n/a
€179.17
0%
9.6%€200.00€150.00n/a6
Aug ’24n/a
€177.17
0%
8.6%€194.00€150.00n/a6
Jul ’24€148.10
€175.00
+18.2%
9.1%€194.00€150.00n/a5
Jun ’24€155.60
€175.00
+12.5%
9.1%€194.00€150.00n/a5
May ’24n/a
€170.25
0%
8.3%€190.00€150.00n/a4
Apr ’24€151.30
€170.25
+12.5%
8.3%€190.00€150.00€160.804
Mar ’24€157.40
€170.25
+8.2%
8.3%€190.00€150.00n/a4
Feb ’24€159.00
€166.75
+4.9%
9.0%€190.00€150.00n/a4
Jan ’24€162.30
€166.75
+2.7%
9.0%€190.00€150.00n/a4
Dec ’23€152.90
€169.80
+11.1%
11.1%€195.00€150.00€149.505
Nov ’23€141.50
€169.80
+20.0%
11.1%€195.00€150.00€140.205

Analyst Forecast: Target price is less than 20% higher than the current share price.

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